Welcome to your September Issue of the ESOP Report. This month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!
Inside this Issue:
The ESOP Association
ESOP Association Resources
Sep. 28
This is the first in a series of three articles regarding the preparation of the Section 409(p) test specific to S-Corporation ESOPs. Previously published articles have provided a general overview of how the test works and the dire consequences of failing the test, but this series will describe the mechanics and information required to perform the test.
Sep. 25
INSIDE THIS ISSUE
LETTER FROM THE PRESIDENT
UPCOMING EVENTS
FALL CONFERENCE
ANNOUNCEMENTS
TRIBUTE TO CINDY
ESOPATHON
CHAPTER OFFICERS
MYSTERY BAGS
OFFICER SPOTLIGHT
STATE CAPTAINS
COMPANY MENTORSHIP
CHAPTER SPONSORS
Read the full issue here >>
LETTER FROM THE PRESIDENT
UPCOMING EVENTS
FALL CONFERENCE
ANNOUNCEMENTS
TRIBUTE TO CINDY
ESOPATHON
CHAPTER OFFICERS
MYSTERY BAGS
OFFICER SPOTLIGHT
STATE CAPTAINS
COMPANY MENTORSHIP
CHAPTER SPONSORS
Read the full issue here >>
Sep. 22
Notice to Taxpayers is Heavy on Innuendo, Light on Specifics
On August 9, the Internal Revenue Service issued a statement suggesting a greater focus in the next year on S-Corp ESOPs and tax compliance, particularly for companies with a parent holding or management company structure and certain owner finance arrangements. While very short on specifics, the IRS communication appears to be driven by aggressive marketing of ESOP plans by some, although the IRS provides no specific examples of where an ESOP has been used in the manner they suggest.
On August 9, the Internal Revenue Service issued a statement suggesting a greater focus in the next year on S-Corp ESOPs and tax compliance, particularly for companies with a parent holding or management company structure and certain owner finance arrangements. While very short on specifics, the IRS communication appears to be driven by aggressive marketing of ESOP plans by some, although the IRS provides no specific examples of where an ESOP has been used in the manner they suggest.
Sep. 18
In early August, judges convened at The ESOP Association’s headquarters in Washington, DC, to review all entries submitted for the 2023 Annual Awards for Communications Excellence, or the AACE Awards.
The competition for this year’s AACE Awards was fierce, with ESOPs submitting more exceptional entries than in 2022, making the judges’ job much harder. Entries are accepted from TEA members divided into two categories:
The competition for this year’s AACE Awards was fierce, with ESOPs submitting more exceptional entries than in 2022, making the judges’ job much harder. Entries are accepted from TEA members divided into two categories:
Sep. 08
Employee Ownership Foundation’s New ESOP Employee Accelerator Program Teaches Lifelong Business & ESOP Knowledge, Helps Employees Think and Act Like Owners
Apr. 28
Shortly after college, what started as a casual interest in employee ownership, turned into a lifetime career and journey that has paid many dividends to me as well as other employee owners.
Apr. 28
We’re only three weeks away from TEA National Conference 2023, the premier event for ESOP culture, communications, and advocacy!
Planning on joining us in Washington, DC but haven’t registered yet? Please sign up today as we are getting close to capacity for this unique annual event that combines our world-class education and networking with political action and the opportunity to meet your members of Congress.
Planning on joining us in Washington, DC but haven’t registered yet? Please sign up today as we are getting close to capacity for this unique annual event that combines our world-class education and networking with political action and the opportunity to meet your members of Congress.
Apr. 26
Welcome to your April Issue of the ESOP Report. This month we've packed the report with tons of articles and news about ESOPs that you won't want to miss!
As a benefit of your membership, you receive the ESOP Report in your inbox each month. Make sure to share with your colleagues and employee owners!
Inside this issue:
As a benefit of your membership, you receive the ESOP Report in your inbox each month. Make sure to share with your colleagues and employee owners!
Inside this issue:
Apr. 21
Is your ESOP providing the promised employee motivation, enhanced customer satisfaction and improved profitability? If no, you’re not alone. While studies have demonstrated ESOPs can be powerful tools to strengthen company performance and employee morale and retention, these results are only achieved if stock ownership is combined with a strong employee-owned culture.
It’s never too late to start or improve the tools you use to get the most out of shared ownership.
It’s never too late to start or improve the tools you use to get the most out of shared ownership.